The Bank of England has cut interest rates to 4.5%, its lowest level since June 2023.Rates had been at 4.75% since the summer ...

The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after keeping ...

Sen. Josh Hawley (R-Mo.) and Sen. Bernie Sanders (I-Vt.) introduced bipartisan legislation to cap credit card interest rates.

Political odd couple Josh Hawley and Bernie Sanders on Wednesday announced they are jointly sponsoring a bill that would force credit card issuers to cut interest rates to 10%, which would ostensibly ...

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...

In this post, I will begin by looking at movements in treasury rates, across maturities, during 2024, and the resultant ...

A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

Australia's cash rate has jumped up a lot since it first began rising almost three years ago, meaning the interest rates on deposit accounts at banks across the country have also been on an upwards ...

A type of savings account in which a lump-sum deposit accrues interest at a fixed rate for a fixed term, usually with an early withdrawal penalty. Annual percentage yield (APY) A CD’s interest ...

That all changed after the COVID-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest rate. Rather than being the exception, this was the ...

How does the Bank of England base rate work? When the Bank of England lends money to commercial banks, the banks must pay interest, and the amount is determined by the base rate. The base rate will ...